5437-1080 George Oliver, CEO of Johnson Controls, said: “Our leading home and light commercial HVAC businesses, as well as our best-in-class talent team, are a perfect fit with Bosch’s existing product business. We are confident that under Bosch’s leadership, this business will continue to be a leader in providing customers with innovative products and services and achieve continued success.”
Jun Abe, Executive Vice President and General Manager of Hitachi Industrial Interconnection, said, “Establishing a new partnership with Bosch in the global air conditioning business is an important step. The global air conditioning market is dynamic and has huge potential. I am convinced that a multinational c5437-1080 ompany like Bosch, with its strong European presence and deep experience in the heating business, is the best partner to further develop the long-established Hitachi brand’s global air conditioning business.”
Innovative, energy-efficient solutions that drive the energy transition and help mitigate global warming
Current technological and market changes have opened up vast opportunities in the field of HVAC solutions, especially in the development of innovative and energy efficient solutions to help mitigate global warming trends and facilitate the energy transition. Heating technology is gradually transitioning from traditional fossil fuels such as oil and natural gas to heat pumps and heat pump hybrid solutions. At the same time, the importance of air conditioning technology in Europe and globally continues to grow. Frank Meyer, member of the Bosch Group Board of Directors and5437-1080 head of the Energy and Building Technologies business unit, will be responsible for the integration of Bosch Comfort Technologies and new businesses. He said: “The Bosch Group is committed to playing an active role in the innovative and growing energy and building technology markets, and aims to take a leading position worldwide. With this acquisition, we will enhance the market position of our business, particularly in the air conditioning sector. At the same time, this move will help us expand our heat pump business globally and achieve greater economies of scale.” With our technologies and products, we can make a greater contribution to improving energy efficiency, living comfort and quality of life in the context of global warming. This is a vivid illustration of the idea that technology can make life beautiful.”